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Guru3D.com » News » Ubisoft First Half Operating Profit Down By 93%

Ubisoft First Half Operating Profit Down By 93%

by Hilbert Hagedoorn on: 11/05/2019 08:57 AM | source: playstationlifestyle | 45 comment(s)
Ubisoft First Half Operating Profit Down By 93%

Ubisoft revealed its sales and earnings figures for the first half of 2019-20 financial year this week, revealing a massive 93 percent year-on-year decline in operating income.

In a press release, Ubisoft pinned the blame almost entirely on Ghost Recon: Breakpoint but it’s worth noting that The Division 2 didn’t meet sales expectations either. However, there was no mention of that in the financial report.

What Ubisoft did mention was strong performances by Assassin’s Creed Odyssey and Rainbow Six Siege. According to the developer, the former saw a “further acceleration of the already very sharp increase delivered in the first quarter in terms of daily player engagement” and the latter boasts record monthly active users (MAUs). Expanding further on these two titles, Ubisoft noted that Assassin’s Creed Odyssey‘s player engagement and sell-through is much higher than Origins‘, and Rainbow Six Siege‘s MAUs were higher in Q2 2019 than Q2 2018. The hit Tom Clancy title has over 50 million registered players and saw a 27 percent viewership increase for its esports event, Six Major Raleigh.

Ubisoft’s CEO Yves Guillemot understandably wasn’t too critical of Ghost Recon: Breakpoint in public but we’ve heard reports that the company is now requiring “super unique” pitches from its development teams after the game’s disastrous performance, both critically and commercially. Ubisoft has also delayed three of its AAA titles (Gods & Monsters, Rainbow Six Quarantine, and Watch Dogs: Legion) in the aftermath, now aiming for cross-gen releases. With a new Assassin’s Creed on its way alongside the aforementioned titles, Ubisoft remains optimistic about the future.







« Download: Radeon Adrenalin Edition 19.11.1 drivers · Ubisoft First Half Operating Profit Down By 93% · Epic Games Store Vulnerability, Borderlands 3 DRM Concerns »

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fantaskarsef
Senior Member



Posts: 12156
Joined: 2014-07-21

#5727690 Posted on: 11/05/2019 09:15 AM
Whoah.... 93% down... that's a lot of money not coming in.

Undying
Senior Member



Posts: 15215
Joined: 2008-08-28

#5727695 Posted on: 11/05/2019 09:26 AM
Shitty games ubisoft reflects that.

AndyMutz
Senior Member



Posts: 313
Joined: 2005-10-21

#5727700 Posted on: 11/05/2019 09:32 AM
that's what you get for moving your games off of steam AND releasing messy shit like breakpoint.

-andy-

moo100times
Senior Member



Posts: 320
Joined: 2012-06-24

#5727702 Posted on: 11/05/2019 09:39 AM
Didn't they also recently spend a lot of money on share buybacks to stop vivendi taking over? I wonder if that has anything to do with this too. I agree games definitely less good but I thought their titles were still selling reasonably?

Netherwind
Senior Member



Posts: 7666
Joined: 2009-11-13

#5727713 Posted on: 11/05/2019 10:03 AM
Shitty games ubisoft reflects that.

Some yes but not all. I feel like the recent AC games were really good. FC5 was also a step up in the right direction.

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